Due Jun 15, 2:59 AM EDT
An observer observes cars passing by her on a highway and builds random model of this process. In the model that she builds, what can be said about the following random variable:
The moment of first car passing by her
An observer observes cars passing by her on a highway and builds random model of this process. In the model that she builds, what can be said about the following random variable:
Number of cars that bypassed the observer within one hour
90% of clients of an insurance company didn’t report any insurance cases in 2019. Other 10% reported cases and got payouts. Considering insurance payout on a reported case being some continuous random variable, what can be said about the following random variable:
Payout value of the insurance company to a client in 2019